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Home2022

Year: 2022

TotalEnergies
Renewables Not Sustainable

TotalEnergies, KGHM Team Up To Develop Polish Offshore Wind Power

April 14, 2022 Andy Del Prado

French energy major TotalEnergies and Polish multinational corporation KGHM have signed a partnership to participate in a Polish government tender for the development of offshore wind projects. The government launched a new auction scheme covering […]

Political

Manchin Says Keystone Revival Could Curb Russian Oil Reliance

April 14, 2022 Andy Del Prado

The war in Ukraine underlines the need to reduce global dependence on Russian oil — and the canceled Keystone XL oil pipeline could help in that effort, says U.S. Senator Joe Manchin. “The XL pipeline […]

Crude
M & A

Report shows U.S. upstream mergers and acquisitions open strong in 2022

April 14, 2022 Andy Del Prado

Enverus, an energy data analytics and SaaS technology company, is releasing its summary of Q1 2022 M&A activity. As the M&A market marched into the new year, $14 billion in deals were announced during the […]

Brazil Oil - ENB
International News

Brazil auctions 59 oil blocks; Shell, TotalEnergies, 3R win contracts

April 14, 2022 Andy Del Prado

SAO PAULO: Brazil on Wednesday granted 59 exploratory blocks of oil and natural gas to 13 companies, including Shell, TotalEnergies and 3R Petroleum. The auction totaled 422.4 million reais ($90.10 million) in signature bonus, registering […]

No Picture
International News

RR Kabel acquires Luminous Power’ home electrical business

April 14, 2022

This acquisition will further strengthen RR Kabel’s consumer electrical business, which has a portfolio of fans, lights and appliances, company’s Managing Director Shreegopal Kabra said while sharing updates about the deal in a virtual press […]

Is $100 Oil Sustainable?
Crude Oil News

Is $100 Oil Sustainable?

April 13, 2022 Mariel Alumit

There are a number of factors that have pushed oil prices into the stratosphere, but the rally may be becoming unsustainable. Russia’s war in Ukraine has created a particularly tight oil market, and it could […]

Exxon Bets Another $10 Billion On Guyana’s Oil Boom
Exploration and Production

Exxon Bets Another $10 Billion On Guyana’s Oil Boom

April 13, 2022 Mariel Alumit

For the past 7 years, ExxonMobil has been consistently increasing its footprint in Guyana. Exxon has already made over 20 discoveries, and it is predicting many more to come. The supermajor estimates its Stabroek Block […]

Rouble steadies near 80 vs dollar, stocks inch lower
Finance

Rouble steadies near 80 vs dollar, stocks inch lower

April 13, 2022 Mariel Alumit

April 13 (Reuters) – The Russian rouble stabilised near 80 to the dollar on Wednesday and stock indexes pared earlier gains and inched lower, losing momentum after weeks of jittery trade. Russian actions in Ukraine, […]

Central bank tightening and slowing growth loom as larger long-term threats for equities, according to strategists on both sides of the Atlantic.
International News

What Ukraine-Russia Tensions Mean for Stocks and Investor Portfolios

April 13, 2022 Mariel Alumit

Central bank tightening and slowing growth loom as larger long-term threats for equities, according to strategists on both sides of the Atlantic. Tensions in Ukraine have markets on edge. Stocks are swinging, oil is closing […]

No Picture
International News

India’s Barmer can become Houston: Vedanta Chairman Anil Agarwal

April 13, 2022

“The world wants us to stop coal. The Middle East does not want India to produce oil, which India can produce at $7 a barrel. Barmer can be a Houston,” Agarwal said. New Delhi:Barmerin Rajasthan, […]

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